I am not inclined to question Neha Majithia’s stock picking skills. The last time I did that, by asking whether Bajaj Electricals is a better buy that Whirlpool, I burnt my fingers badly because while Whirlpool surged, Bajaj Electricals tanked.
Neha’s credentials as the discoverer (along with her team mates at Microsec) of La Opala (8-bagger), Somany Ceramics (4-bagger), Cera Sanitaryware, Dhanuka Agritech (2-bagger each) etc means that you are better off listening to her advice quietly and implementing it.
Anyway, now the important point is that if you are worried about what to do with Whirlpool after the stellar gains that it has posted, the answer is that you have to hold on tight.
Neha Majithia has rushed this advisory:
“We continue to recommend Whirlpool of India Ltd a “STRONG BUY”. Whirlpool of India is the subsidiary of world’s largest consumer durables company Whirlpool Corporation, USA. The parent company is headquartered at Michigan, USA having global presence over 170 countries and manufacturing operation in 13 countries with 11 major brand names such as Whirlpool, KitchenAid, Roper, Estate, Bauknecht, Laden and Ignis. Diversification of products in a single segment, launching of new models and rupee appreciation/ stable commodity prices to increase margins and ease pricing pressure, new stable government to lead to well balanced economy and ensure level playing field.”
The best part is that Neha has increased the price target for the stock to Rs. 580, which is a 32% gain from the CMP of Rs. 442.
Apart from looking sexy,, you pick the best stocks that make money to ppl. Thanks neha. Whirlpool was a god pick.